Last week, US residential solar and storage installer Sunnova announced it has secured a position of 85 megawatts in the recent ISO-New England Forward Capacity Auction (FCA15). Sunnova’s aggregated residential solar portfolio will offer competitive renewable energy capacity to help meet the region’s future energy needs. The company expects theContinue Reading

A high-profile solar-homebuilder partnership has emerged from the flurry of activity surrounding California’s new solar home mandate, which goes into effect in 2020.  Residential solar provider Sunnova and PetersenDean, a California-based company that installs roofs and solar, will work together on solar and storage leases and power purchase agreements inContinue Reading

On 27 June 2019, Sunnova submitted a pre-IPO (initial public offering) prospectus to the U.S. Securities and Exchange Commission (SEC). It would be the first residential solar company to go public in the U.S. since 2015. Other major residential solar companies — Sunrun, Vivint, and Tesla — all went public between 2012Continue Reading

Sunnova Energy Corp., among the largest U.S. residential solar third-party ownership providers, is planning an initial public offering that could value the Houston-based company at more than $1 billion including debt, according to a Tuesday report from Reuters citing anonymous sources.  Sunnova declined to comment on Reuters’ report that it has filedContinue Reading